fifo principle

  • 1FIFO — is an acronym for First In, First Out, an abstraction in ways of organizing and manipulation of data relative to time and prioritization. This expression describes the principle of a queue processing technique or servicing conflicting demands by… …

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  • 2FIFO — I. /ˈfaɪfoʊ/ (say fuyfoh) noun a method of storing and retrieving items from a stack, table or list on the principle that first in is first out. Compare LIFO. {F(irst) I(n) F(irst) O(ut)} II. /ˈfaɪfoʊ/ (say fuyfoh) adjective 1. → fly in fly out.… …

  • 3Matching principle — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

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  • 4Stack (data structure) — In computer science, a stack is an abstract data type and data structure based on the principle of Last In First Out (LIFO) . Stacks are used extensively at every level of a modern computer system. For example, a modern PC uses stacks at the… …

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  • 5accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …

    Universalium

  • 6Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …

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  • 7Counting Single Transferable Votes — The single transferable vote (STV) is a voting system based on proportional representation and preferential voting. Under STV, an elector s vote is initially allocated to his or her most preferred candidate. After candidates have been either… …

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  • 8Cost of goods sold — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

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  • 9Page replacement algorithm — This article is about algorithms specific to paging. For outline of general cache algorithms (e.g. processor, disk, database, web), see Cache algorithms. In a computer operating system that uses paging for virtual memory management, page… …

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  • 10Income statement — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

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